New Posts For Thread: Tax and change of salary payment datehttps://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-dateIf a company changes its salary payment date to employers from the end of the month to the 7th of the following month, thus paying them around five weeks, is that ok? Only it has resulted in effectively a tax allowance month being stolen after movingIt won't make any difference unless it was around the end of a tax year and the extra payment pushed you into a higher tax band for the later tax year. Is your tax code right?Have you passed on your P45 to your new employer?https://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541667455#541667455It won't make any difference unless it was around the end of a tax year and the extra payment pushed you into a higher tax band for the later tax year. Is your tax code right?Have you passed on your P45 to your new employer?Wed, 01 Oct 2014 07:26:31 -0500Vatour,need to look at your employment contract and see what that says about when salary is paid, and if it's 1/12 on 1st of each month for example, etc. Also if you've been paid regularly on a set date then they've established a custom, so unless yhttps://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541667095#541667095Vatour,need to look at your employment contract and see what that says about when salary is paid, and if it's 1/12 on 1st of each month for example, etc. Also if you've been paid regularly on a set date then they've established a custom, so unless yWed, 01 Oct 2014 06:30:43 -0500Cheers meme, do you think my previous employers have a legal obligation to pay me 12 times instead of 11 within a tax year? Or do you think it's more morally wrong? As it is the 11 payments instead of 12 that has cost me the money?I will look into ithttps://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541666989#541666989Cheers meme, do you think my previous employers have a legal obligation to pay me 12 times instead of 11 within a tax year? Or do you think it's more morally wrong? As it is the 11 payments instead of 12 that has cost me the money?I will look into itWed, 01 Oct 2014 06:08:01 -0500Vatour,it's the total amount you get paid in the tax year that counts - not when you earn it. So if 1 tax year you get 13 salaries and the next tax year only 11, then it hurts.If your employers/ex-employers screwed things up speak to HMRC and ask thhttps://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541666307#541666307Vatour,it's the total amount you get paid in the tax year that counts - not when you earn it. So if 1 tax year you get 13 salaries and the next tax year only 11, then it hurts.If your employers/ex-employers screwed things up speak to HMRC and ask thWed, 01 Oct 2014 04:43:17 -0500Meme, does the 11 payments I received in the tax year when they changed the date as opposed to the 13 payments I'm receiving this tax year make a difference? Cheershttps://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541659583#541659583Meme, does the 11 payments I received in the tax year when they changed the date as opposed to the 13 payments I'm receiving this tax year make a difference? CheersTue, 30 Sep 2014 12:49:41 -0500.https://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541657739#541657739.Tue, 30 Sep 2014 10:38:16 -0500Cheers for the reply meme, when do you think I will get my £900 back? At the end of the tax year? As the accountants at work are telling me I won't be getting it back, and it's due to the change of pay date. Effectively I've been taxed an extra £90https://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541656903#541656903Cheers for the reply meme, when do you think I will get my £900 back? At the end of the tax year? As the accountants at work are telling me I won't be getting it back, and it's due to the change of pay date. Effectively I've been taxed an extra £90Tue, 30 Sep 2014 09:16:11 -0500It's all about how much you earn in the tax year ... month by month net pay might get a bit lumpy but gets sorted out after the end of the tax year ... gross earnings in tax year, minus tax allowances for tax year = tax due for tax year less amount ohttps://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541656533#541656533It's all about how much you earn in the tax year ... month by month net pay might get a bit lumpy but gets sorted out after the end of the tax year ... gross earnings in tax year, minus tax allowances for tax year = tax due for tax year less amount oTue, 30 Sep 2014 08:47:04 -0500.https://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541655987#541655987.Tue, 30 Sep 2014 08:17:22 -0500I think the problem has occurred due to the change of date with previous employer. The change from the 28th to the 7th seems to be the issue, and the advice I've been given to this stage seems to be that my the employer is in the wrong. It saved themhttps://community.betfair.com/chit_chat/go/thread/view/94038/30357939/tax-and-change-of-salary-payment-date?post_id=541654765#541654765I think the problem has occurred due to the change of date with previous employer. The change from the 28th to the 7th seems to be the issue, and the advice I've been given to this stage seems to be that my the employer is in the wrong. It saved themTue, 30 Sep 2014 06:44:17 -0500